2017 Grant Schools Provident Fund

The measurement basis used in the preparation of the financial statements is historical cost except that equity and debt securities managed by the Fund’s

 The TRG consists of two components: a basic component which is an annual recurrent cash grant provided to schools for the appointment of supply teachers to cover approved

I certify that I have audited the financial statements of the Subsidized Schools Provident Fund set out on pages 24 to 45, which comprise the balance sheet as at

I certify that I have audited the financial statements of the Grant Schools Provident Fund set out on pages 24 to 49, which comprise the balance sheet as at 31 August 2018, and

Currency risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate due to changes in currency exchange rates. The Fund’s

The Treasurer, Subsidized Schools Provident Fund is responsible for the preparation of the financial statements in accordance with rule 16(1) of the Subsidized Schools Provident

I certify that I have audited the financial statements of the Subsidized Schools Provident Fund set out on pages 25 to 48, which comprise the balance sheet as at 31 August 2017,

Currency risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate due to changes in currency exchange rates. The Fund’s